March 1, 2011
Hanover Ups Its Dividend
By Christina Davis
The board of Worcester-based Hanover Insurance Group approved a 10-percent increase to its quarterly dividend to 27.5 cents per share.
That's up from the 25-cents-per-share the company paid quarterly to shareholders in 2010.
The latest round of dividends will be payable on March 29 to shareholders of record as of March 15.
The Hanover board also announced May 17 as the date of its annual meeting and March 23 as the record date for determining the shareholders of the company entitled to vote at the annual meeting.
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